Civic Intelligence

Terrace Gardens Inc.

990 • Fiscal year 2018 • EIN 77-0158519

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 20, 2019

Organization ProfileN/A
186 Beresford CourtMilpitas, CA 95035

(831) 438-5725

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

30th percentile

0.10x

Higher debt load relative to revenue than 30% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

57th percentile

5.0%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

45th percentile

0.7%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

6.1%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$10,352,869

Up $72,025 (+0.7%) from 2017

Net Assets

Up

$10,128,486

Up $111,204 (+1.1%) from 2017

Liabilities

Down

$224,383

Down $39,179 (-15%) from 2017

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin57th percentile

Revenue

Up

$2,227,407

Up $128,484 (+6.1%) from 2017

Expenses

Up

$2,116,203

Up $51,600 (+2.5%) from 2017

Net Income

Up

$111,204

Up $76,884 (+224%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $10,370,611Liabilities 2010: $166,188Net Assets 2010: $10,204,4232010Assets 2011: $10,404,334Liabilities 2011: $207,094Net Assets 2011: $10,197,2402011Assets 2012: $10,419,379Liabilities 2012: $193,723Net Assets 2012: $10,225,6562012Assets 2013: $10,549,705Liabilities 2013: $327,044Net Assets 2013: $10,222,6612013Assets 2014: $10,555,436Liabilities 2014: $223,721Net Assets 2014: $10,331,7152014Assets 2015: $10,173,433Liabilities 2015: $198,458Net Assets 2015: $9,974,9752015Assets 2016: $10,241,408Liabilities 2016: $258,446Net Assets 2016: $9,982,9622016Assets 2017: $10,280,844Liabilities 2017: $263,562Net Assets 2017: $10,017,2822017Assets 2018: $10,352,869Liabilities 2018: $224,383Net Assets 2018: $10,128,4862018Assets 2019: $10,327,000Liabilities 2019: $294,685Net Assets 2019: $10,032,3152019Assets 2020: $10,393,067Liabilities 2020: $319,330Net Assets 2020: $10,073,7372020Assets 2021: $10,407,422Liabilities 2021: $326,038Net Assets 2021: $10,081,3842021Assets 2022: $10,437,260Liabilities 2022: $430,419Net Assets 2022: $10,006,8412022Assets 2023: $10,492,737Liabilities 2023: $399,492Net Assets 2023: $10,093,2452023Assets 2024: $10,637,121Liabilities 2024: $410,719Net Assets 2024: $10,226,4022024

Highlighted filing

2018

Assets$10,352,869
Liabilities$224,383
Net Assets$10,128,486
Open 2018 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,692,4392010Expenses 2011: $1,652,7082011Expenses 2012: $1,702,3282012Revenue 2013: $1,782,170Expenses 2013: $1,785,165Net Income 2013: -$2,9952013Revenue 2014: $1,920,250Expenses 2014: $1,811,196Net Income 2014: $109,0542014Revenue 2015: $1,908,765Expenses 2015: $2,265,505Net Income 2015: -$356,7402015Revenue 2016: $2,010,184Expenses 2016: $2,002,197Net Income 2016: $7,9872016Revenue 2017: $2,098,923Expenses 2017: $2,064,603Net Income 2017: $34,3202017Revenue 2018: $2,227,407Expenses 2018: $2,116,203Net Income 2018: $111,2042018Revenue 2019: $2,272,649Expenses 2019: $2,253,930Net Income 2019: $18,7192019Revenue 2020: $2,410,848Expenses 2020: $2,369,426Net Income 2020: $41,4222020Revenue 2021: $2,369,095Expenses 2021: $2,361,448Net Income 2021: $7,6472021Revenue 2022: $2,340,403Expenses 2022: $2,414,946Net Income 2022: -$74,5432022Revenue 2023: $2,607,745Expenses 2023: $2,521,341Net Income 2023: $86,4042023Revenue 2024: $2,762,890Expenses 2024: $2,629,733Net Income 2024: $133,1572024

Highlighted filing

2018

Revenue$2,227,407
Expenses$2,116,203
Net Income$111,204
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 20, 2019
Return Version
2018v3.1
Gross Receipts
$2,227,407
Mission and Program Overview

Mission

The public purposes for which this corporation is organized include the development and management of low and moderate income housing in the state of california.

The development and management of low and moderate income housing in the state of california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,054,799$7,693,879▼ $360,920
Savings and Temporary Cash Investments$4,716$129,734▲ $125,018
Cash and Non-Interest-Bearing Accounts$192,949$110,234▼ $82,715
Prepaid Expenses and Deferred Charges$47,818$49,685▲ $1,867
Pledges and Grants Receivable$13,200$11,870▼ $1,330
Accounts Receivable$10,035$1,881▼ $8,154
Total Assets$10,280,844$10,352,869▲ $72,025
Other Assets Total$1,957,327$2,355,586▲ $398,259
Liabilities
Accounts Payable and Accrued Expenses$177,192$135,645▼ $41,547
Other Liabilities$75,607$74,300▼ $1,307
Deferred Revenue$10,763$14,438▲ $3,675
Total Liabilities$263,562$224,383▼ $39,179
Net Assets / Fund Balance
Unrestricted Net Assets$10,016,484$10,127,686▲ $111,202
Temporarily Rstr Net Assets$798$800▲ $2
Total Net Assets Fund Balance$10,017,282$10,128,486▲ $111,204
Total Liabilities and Net Assets / Fund Balance$10,280,844$10,352,869▲ $72,025

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,086,403$8,408,978$14,495,381
Land$1,565,277-$1,565,277
Other Land Buildings$41,985$317,163$359,148
Equipment$214$64,882$65,096
Other Assets Org$18,143--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Richard RuthPresident
Dolores HoveyVice President
Bob NunezDirector
Deepka LalwaniDirector
James NicholsDirector
Jil KauffmanDirector
Julie Edmonds-maresDirector
Thomas ValoreDirector
Nasir LalaniSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Morrison Community LivingFood Management ServicesPO BOX 102289, Atlanta, GA 30368-2289$541,919
The John Stewart CompanyProperty Management Services104 WHISPERING PINES DRIVE STE 200, Scotts Valley, CA 95066$530,631
Revenue and Support

Revenue Composition

Contributions and Grants
$31,307
Program Service Revenue
$2,171,858
Investment Income
$24,242
Other Revenue
$0
Change in Net Assets
$111,204

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,227,407
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,227,407
Total Revenue per Form 990
$2,227,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,695,980
Salaries, Compensation, and Employee Benefits$420,223
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$445,407--$445,407
Other Salaries and Wages$340,065--$340,065
Occupancy$193,084--$193,084
Office Expenses$81,370--$81,370
Fees for Services Management$65,017--$65,017
Insurance$50,535--$50,535
Other Employee Benefits$45,618--$45,618
Payroll Taxes$30,843--$30,843
Fees for Services Accounting$14,688$12,145-$26,833
Fees for Services Legal$15,347--$15,347
Information Technology$9,484--$9,484
Other Expenses$7,119--$7,119
Conferences and Meetings$4,304--$4,304
Pension Plan Contributions$3,697--$3,697
Advertising$1,480--$1,480
Travel$836--$836
Total Functional Expenses$2,104,058$12,145$0$2,116,203

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,116,203
Total Expenses per Audited Statements$2,116,203
Total Expenses per Form 990$2,116,203
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenants Security Deposits$74,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization used a management company to perform all management duties and under the direct supervision of the board of directors. Such management duties include hiring, firing, and supervising, planning or executing budgets or financial operations.”

Form 990, Part VI, Section B, Line 11B

“The management company receives a pdf copy from the 990 return preparer, reviews the return and provides a copy for approval at the board meeting.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually.”

Form 990, Part VI, Section C, Line 19

“The financial statements and governing documents are available upon request.”

FROM 990, PART VI, SECTION B, LINE 14:

“The organizataion adopted the written document retention and destruction policy provided by the management company.”

Filing and Contact Details

Filer

Filer Name
Terrace Gardens Inc
EIN
77-0158519
Phone
8314385725
Address
186 BERESFORD COURT, MILPITAS, CA 95035

Signing Officer

Name
Richard Ruth
Title
President
Phone
8314385725
Signed
2019-06-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Ruth
Formed
1986
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Armanino Llp
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Lawrence S Kuechler
Phone
4082006400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the organization in its federal and state tax returns are more-likely-than-not to be sustained upon examination. The organization files information returns in the u.s. Federal jurisdiction and state of california. The organization's federal returns for the tax years 2015 and beyond remain subject to examination by the internal revenue service. The organization's california returns for the tax years 2014 and beyond remain subject to examination by the franchise tax board.”

Raw XML AppendixShowing 400 of 490 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01957327
IRS990/OtherAssetsTotalGrp/EOYAmt02355586
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt045618
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045618
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE COSTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE MISC EXP
IRS990/OtherExpensesGrp/ProgramServicesAmt0541587
IRS990/OtherExpensesGrp/ProgramServicesAmt1253577
IRS990/OtherExpensesGrp/ProgramServicesAmt27119
IRS990/OtherExpensesGrp/TotalAmt0541587
IRS990/OtherExpensesGrp/TotalAmt1253577
IRS990/OtherExpensesGrp/TotalAmt27119
IRS990/OtherLiabilitiesGrp/BOYAmt075607
IRS990/OtherLiabilitiesGrp/EOYAmt074300
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0340065
IRS990/OtherSalariesAndWagesGrp/TotalAmt0340065
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt030843
IRS990/PayrollTaxesGrp/TotalAmt030843
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03697
IRS990/PensionPlanContributionsGrp/TotalAmt03697
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013200
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt011870
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047818
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049685
IRS990/PrincipalOfficerNm0RICHARD RUTH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY & VENDING INCO
IRS990/ProgramServiceRevenueGrp/Desc3OTHER TENANTS SERVICES
IRS990/ProgramServiceRevenueGrp/Desc4TENANT GUEST RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01621145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1527715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28866
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38732
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01621145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1527715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38732
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45400
IRS990/ProgSrvcAccomActy2Grp/Desc0FOOD SERVICES ARE PROVIDED FOR THE WELL-BEING OF THE ELDERLY TENANTS, FOR THE NUMBER OF 214 PEOPLE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0541587
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0527715
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt063465
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03536
IRS990/PYOtherExpensesAmt01661296
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02031922
IRS990/PYRevenuesLessExpensesAmt034320
IRS990/PYSalariesCompEmpBnftPaidAmt0403307
IRS990/PYTotalExpensesAmt02064603
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02098923
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0111204
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01644143
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04716
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0129734
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt065972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0112713
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0239232
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0512689
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt024242
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03536
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03251
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02914
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04746
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt038689
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02171858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02031922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01936062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01793138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01676272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09609252
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt024242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03251
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02914
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04746
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt038689
IRS990ScheduleA/InvestmentIncomeCYPct00.00380
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04899
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04899
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99570
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt010121941
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02203165
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02095387
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02002034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01905851
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01915504
IRS990ScheduleA/Total509Grp/TotalAmt010121941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02227407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02098923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02010184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01908765
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01920250
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010165529
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06086403
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08408978
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014495381
IRS990ScheduleD/EquipmentGrp/BookValueAmt0214
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064882
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065096
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02116203
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01565277
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01565277
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02262343
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt274300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt318143
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH FOR CARILLON MAINTENANCE FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANTS SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CASH HELD FOR SURPLUS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041985
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0317163
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0359148
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02227407
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR THE TAX YEARS 2015 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE TAX YEARS 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07693879
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02355586
IRS990ScheduleD/TotalExpensesPerForm990Amt02116203
IRS990ScheduleD/TotalLiabilityAmt074300
IRS990ScheduleD/TotalRevenuePerForm990Amt02227407
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02227407
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02116203
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USED A MANAGEMENT COMPANY TO PERFORM ALL MANAGEMENT DUTIES AND UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. SUCH MANAGEMENT DUTIES INCLUDE HIRING, FIRING, AND SUPERVISING, PLANNING OR EXECUTING BUDGETS OR FINANCIAL OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT COMPANY RECEIVES A PDF COPY FROM THE 990 RETURN PREPARER, REVIEWS THE RETURN AND PROVIDES A COPY FOR APPROVAL AT THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATAION ADOPTED THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY PROVIDED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FROM 990, PART VI, SECTION B, LINE 14:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,352,869
Liabilities
$224,383
Net assets
$10,128,486
Revenue
$2,227,407
Expenses
$2,116,203
Net income
$111,204
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.41$10.2$2.76$2.63$0.13
2023Detailed filing. Detailed filing data is available for this year.$10.5$0.40$10.1$2.61$2.52$0.09
2022Detailed filing. Detailed filing data is available for this year.$10.4$0.43$10.0$2.34$2.41$0.07
2021Detailed filing. Detailed filing data is available for this year.$10.4$0.33$10.1$2.37$2.36$0.01
2020Detailed filing. Detailed filing data is available for this year.$10.4$0.32$10.1$2.41$2.37$0.04
2019Detailed filing. Detailed filing data is available for this year.$10.3$0.29$10.0$2.27$2.25$0.02
2018Detailed filing. Detailed filing data is available for this year.$10.4$0.22$10.1$2.23$2.12$0.11
2017Detailed filing. Detailed filing data is available for this year.$10.3$0.26$10.0$2.10$2.06$0.03
2016Detailed filing. Detailed filing data is available for this year.$10.2$0.26$9.98$2.01$2.00$0.01
2015Detailed filing. Detailed filing data is available for this year.$10.2$0.20$9.97$1.91$2.27$0.36
2014Detailed filing. Detailed filing data is available for this year.$10.6$0.22$10.3$1.92$1.81$0.11
2013Detailed filing. Detailed filing data is available for this year.$10.5$0.33$10.2$1.78$1.79$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.19$10.2$1.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.21$10.2$1.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.17$10.2$1.69